Monday, November 15, 2010

NYT- Can YOU balance the budget?

The New York Times has a fun interactive challenge. Can you balance the budget?
No I'm not going to provide a link.
If you succeed you are better than the entire 111th Congress

Obvious highlights include:
Cutting defense spending by ludicrous levels. (GREAT idea during a war on two fronts)
Increase taxes on whatever you can.
National Sales tax
Carbon Tax

Missing.
Repeal Obamacare
(estimated at 10-20 Trillion over the next ten years)
There are cuts to some government programs but they are small potatoes. I bet we can get real savings by eliminating the BATFe IRS ....the list is endless.

Problem is the cuts with the most impact (on Social Security/Medicare) are never going to happen. It would be political suicide to even suggest it.

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